Applied Economics

Applied Economics

Students in this major learn how to use economics tools and concepts to analyze real-world problems. Issues such as poverty, taxes, wages, jobs, the cost of living, growth and development all connect to economics.

What can I specialize in with this major?

The Applied Economics major is rigorous but flexible. In addition to economic analysis, you can study other related topics. For example, you can take courses on international development, international trade, management, agriculture, the environment, or public policy.

This major also allows you to take graduate-level economics courses in your senior year, if appropriate.

Why choose CFANS for this major?

The CFANS Applied Economics program is one of the best in the United States.

The major is based in the prestigious Department of Applied Economics. The faculty includes nationally and internationally recognized economists, and many who worked in industry or public-policy positions. The department has a long history of producing some of the finest economists in the region, including two who have served as the official state economist of Minnesota.

What jobs can I get with this major?

Many Applied Economics majors go on to careers in government, public policy, business and finance. Others pursue graduate degrees in these areas or in law. A degree in Applied Economics makes you a strong candidate for many types of jobs, as well as for graduate school programs.

Because this major allows you to target a specific career path, you can shape your own future. If you're interested in the environment, you might tailor your economics coursework to a career in environmental consulting, policy advocacy, or resource management. Or focus on international economics so you can work on development or trade issues. Concentrate on agricultural economics for a career in commodity analysis or strategic planning.

See potential job titles listed by the Career and Internship Services office. This office has professional career counselors for all CFANS students.

What classes are required? What’s the curriculum like for this major?

The curriculum provides a strong background in economic theory and methods. Core courses include microeconomics, macroeconomics, econometrics, econometrics, statistics, and communications. Students will also select an emphasis area related to their career goals. For example, you can take additional economics courses on the environment, international development, agriculture, public policy, and more.

Find requirements for this major in the University Catalog. For documents about academic planning and class lists, see this Department of Applied Economics page. On that page's right column, look for links to the Applied Economics (APEC) Sample 4-Year Plan, and Curriculum Worksheet, which includes a list of classes.

After you're admitted to CFANS, you'll work with an academic advisor to enroll in classes that fulfill this major's requirements. Your CFANS advisors will help guide you toward academic success.